Hi friends, as the name reflects we make things simple.......so in this we shell know something about VAT. I think you are very much aware of IPCC subjects right...? Taxation is one of them.....i.e. 4th paper. As of now in Taxation Income Tax carries 50 marks, Service Tax (25 marks) and VAT (25 marks) together carries 50 marks....Comparatively Income Tax is a very vast Subject....so for scoring purpose its better to go for Service Tax and VAT which can even fetch you 40+ marks if you are thorough and revised the subject for many times.
So even while you are starting with the answer paper its better to start with Indirect Tax i.e. Service Tax and VAT. So, that boost ups yours confidence levels.
So even while you are starting with the answer paper its better to start with Indirect Tax i.e. Service Tax and VAT. So, that boost ups yours confidence levels.
Here We tried to provide you a simplified notes for VAT i.e. Value Added Tax. You can even follow this notes completely in the Exam point of View........
For more notes on VAT Stay Tuned to casimplified
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